Here is part of the Declaration of Independence, which, by the way, is NOT law.We hold these truths to be self-evident, that all men are created equal, that they are endowed by their Creator with certain unalienable Rights, that among these are Life, Liberty and the pursuit of Happiness. — That to secure these rights, Governments are instituted among Men, deriving their just powers from the consent of the governed, — That whenever any Form of Government becomes destructive of these ends, it is the Right of the People to alter or to abolish it, and to institute new Government, laying its foundation on such principles and organizing its powers in such form, as to them shall seem most likely to effect their Safety and Happiness.

I just had a contractor look at a property for me that I thought was a GREAT deal, come to find out the home has NO foundation.

I need some kind of foundation first so I can figure out which way I want to go.Thanks,NickLongview, TX

Jon,Perhaps not another residential real estate bubble but, Yes we are stetting up for several possible bubbles.http://www.uncommonwisdomdaily.com/is-the-crisis-over-6586Above is a link to a video by Uncommon Wisdom they are associated with Weiss Research (they have been very consistent in there predictions and were one of the few that saw the subprime crisis coming) and the FOUNDATION FOR THE STUDY OF CYCLES, INC.

Possibly expensive things like AC/heat, electrical, plumbing, foundation, termite damage, mold, etc.Why not inspect it with a contractor or inspector?

Influence description is found at the link below:http://www.biggerpockets.com/forums/25/topics/33352--forum-influence-voting-system-

With that said however the slabs are a bit uneven so that may not be the best option without demoing the cement first which I am hesitant to do since the slabs connect to the foundation of the house.Keep any other ideas coming, this is great!!

We call her to tell her that we fixed the toilet and scheduled an appointment with a foundation contractor to take a look at the water seepage problem.

Furnace, hot water heater, flooring, kitchen, bath, doors, molding, evaporative cooler etc.Basically, the electrical, plumbing, and foundation/framing are all that is intact and will remain.Rents are varying from $525-$625 here so a potential gross income of $151,200-$180,000 is possible.It seems as if the range of $25-$50sq/ft seems to be the normally quoted cost to remodel/rehab, but it seems as if that pertains to residential houses, and I'm figuring that I might end up on the lower end of that scale due to the rentals and my desire to install lower end stuff.All the units have separate deeds, and if I get the place, I'm planning on completing the entire outside, and then attacking one unit at a time and renting them out as I go.

They will come by and in 2-3 days you'll see nothing but a foundation and a neat stack of any non-wood materials they couldn't use.Also, let me know geographically where you are at.